What is McDonald's's total cost of revenue?

McDonald's (MCD) reported total cost of revenue of $676M in Q1 2026.

How has McDonald's's total cost of revenue changed year-over-year?

McDonald's's total cost of revenue increased by 9.0% year-over-year, from $620M to $676M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

McDonald's MCD Total Cost of Revenue

Total Cost of Revenue at other companies

Wendy'sWEN

$201.05M+6.8%

Nathan's FamousNATH

$22.58M+19.7%

EAT

Brinker InternationalEAT

$373.1M+5.7%

Yum! BrandsYUM

$677M+30.2%

Domino's PizzaDPZ

$686.08M+2.6%

Restaurant Brands InternationalQSR

——

Other financials

Income statement

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Revenue$6.5B+9.4%

Gross profit$5.8B+9.5%

Operating income$3.0B+11.5%

Net income$2.0B+6.2%

EPS (diluted)$2.78+6.9%

Balance sheet

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Cash & equivalents$1.2B-5.5%

Total debt$54.9B+4.0%

Total equity-$1.3B+62.8%

Total assets$60.0B+6.6%

Cash flow

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Operating cash flow$2.4B-0.7%

CapEx$682.0M+23.8%

Free cash flow$1.7B-7.8%

Valuation

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Market cap$187.96B-8.0%

Enterprise value$241.67B-6.5%

P/E21.7×-2.7×

P/S6.9×-1.0×

Profitability

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Gross margin86.6%—

Operating margin46.3%+1.0pp

Net margin31.6%-0.1pp

FCF margin25.6%-0.4pp

Returns & leverage

See full

Return on equity45.4%—

Debt / equity6.5×—

Current ratio1.1×0.0×

Where this comes from

Reported directly by McDonald's in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: McDonald's’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McDonald's's total cost of revenue?: McDonald's (MCD) reported total cost of revenue of $676M in Q1 2026.
How has McDonald's's total cost of revenue changed year-over-year?: McDonald's's total cost of revenue increased by 9.0% year-over-year, from $620M to $676M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.